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Crypto News Roundup for Jan. 27, 2020
Today's daily podcast features trouble at TRON and an attack on Bitcoin Gold. It's CoinDesk's Crypto News Roundup.
By John Biggs
Updated Nov 15, 2022, 8:07 p.m. Published Jan 27, 2020, 5:00 p.m.
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Todays top stories:
- Bitcoin Eyes $8.8K After Largely Erasing Last Week's Dip
- Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities
- Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks
- WEF Launches Global Consortium for Crypto Governance
- Bitcoin's Halving Captures Growing Interest – Among Google Searchers
Whether you’re a first-time listener or you’ve heard every episode, we’d like to know what you think about the show. What do you like? What don’t you like? What do you think we’ve totally missed but should be talking about every day or at least every week?
Email [email protected] with your thoughts, complaints, lavish praise or any other comments.
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- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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These Three Metrics Show Bitcoin Found Strong Support Near $80,000
Onchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the $80,000 price level.
What to know:
- Bitcoin rebounded from the $80,000 region after a sharp correction from its October all time high, with price holding above the average entry levels of key metrics.
- The convergence of the True Market Mean, U.S. ETF cost basis, and the 2024 yearly cost basis around the low $80,000 range highlights this zone as a major area of structural support.
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